$3,088 Closing Credit*
$260,000
2,318 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jeffrey Reed Hoffman, Listing Office: Nexthome Premier Properties & Estates
Is Gordonsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Gordonsville has remained a Seller's Market.
Key Takeaway
Gordonsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gordonsville, VA
How much do homes in Gordonsville, VA cost?
Median Sold Price
$351,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$21,000(+6.4%)
Key Takeaway
Homes in Gordonsville have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Gordonsville was $351,000 in August 2024, up 6.4% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $218K | $175K | -19.7% |
| 3 Bedrooms | $329K | $325K | -1.2% |
| 4 Bedrooms | $365K | $415.6K | +13.9% |
| 5+ Bedrooms | $730K | $2.2M | +211.6% |
Summary: Gordonsville housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 211.6%.
Median Sold Price Compared To Nearby Cities
| Gordonsville | $330K | $351K | +6.4% |
| Green Spring | $465.7K | $474.5K | +1.9% |
| Gordonsville | $454K | $440.7K | -2.9% |
Housing Supply in Gordonsville, VA
How many homes are available in Gordonsville, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 54 | 47 | -13.0% |
Summary: The Gordonsville real estate market had 47 homes for sale in August 2024, a 13.0% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 36 | 30 | -16.7% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gordonsville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gordonsville, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Gordonsville in August 2024, down by 25.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.
Days on Market for Gordonsville, VA
How long does it take to sell a home in Gordonsville, VA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 39 Days | 9 Days | -75.1% |
Summary: Homes in Gordonsville had an average of 9 days on market in Aug 2024, down by 75.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gordonsville are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 9 homes were sold in Gordonsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.